Zacks Research initiated coverage on shares of Engie Brasl Ega (OTCMKTS:EGIEY – Get Free Report) in a research note issued on Wednesday, Zacks reports. The brokerage set a “hold” rating on the stock.
Engie Brasl Ega Stock Performance
Shares of Engie Brasl Ega stock opened at $5.00 on Wednesday. The company has a market capitalization of $5.71 billion, a PE ratio of 7.61 and a beta of 0.34. Engie Brasl Ega has a 12 month low of $4.95 and a 12 month high of $9.50. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.75. The stock’s fifty day simple moving average is $5.95 and its 200 day simple moving average is $6.37.
About Engie Brasl Ega
ENGIE Brasil Energia SA is a Brazilian energy company engaged primarily in the generation, commercialization and trading of electricity. The company operates a diversified portfolio of power assets, including hydroelectric, thermoelectric, wind, solar and biomass facilities, and supplies electricity to commercial, industrial and other institutional customers.
The company’s operations are concentrated in Brazil, where it has developed and manages infrastructure supporting the country’s electricity system.
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